Former universities minister Lord Triesman, winding up for Labour, said the Browne report was "not an adjustment to finance but a fundamental policy shift".

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As his son (also Mario) drove us over winding roads through nestled mountainside towns, the former economist with the Nicaraguan government told us a story that was to culminate as we reached our destination.

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They have failed to pay their players on time several occasions, are the subject of a winding-up petition and legal action from former player Sol Campbell, and have only recently had a transfer embargo lifted.

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Broadly speaking, in the arrangements for winding up the scheme, pensions in payment come first before those of current or former employees who have not yet retired.

BBC: Pensions posers